GCMAsia - EURUSD
EURUSD
2017-03-24
| Resistance and Support | Level | Explanation |
| Resistance | 1.0820 | H4 |
| Support | 1.0760 | H4 |
EURUSD, H4: EURUSD was traded lower following prior retracement from the resistance level of 1.0820 while recently closing below the 20-moving average line (red). With regards to the MACD histogram which illustrates downward signal and momentum, a closure below the support level of 1.0760 would suggest EURUSD to move further downwards thereafter.
Resistance level: 1.0820, 1.0860
Support level: 1.0760, 1.0715